Cholamandalam Investment and Finance Company has received approval for the reclassification of Yanmar Coromandel Agrisolutions Private Limited (YCAS) and Coromandel Engineering Company Limited (CECL) from ‘Promoter’ to ‘Public’ category. The approvals were granted by the National Stock Exchange of India (NSE) and the BSE on January 9, 2026. This decision follows earlier communications regarding the reclassification request.
Reclassification Request Approved
Cholamandalam Investment and Finance Company Limited announced that the National Stock Exchange of India (NSE) and BSE Limited have granted their approval for the reclassification of certain entities within the company’s structure. The approval was officially received on January 9, 2026.
Details of Reclassification
The entities undergoing reclassification are Yanmar Coromandel Agrisolutions Private Limited (YCAS) and Coromandel Engineering Company Limited (CECL). Both entities are being reclassified from ‘Promoter’ to the ‘Public’ category. This follows a formal request made by Cholamandalam, with previous communications regarding this request dating back to September 17 & 25, 2025, and November 6 & 10, 2025.
Source: BSE
